Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

My employer is including my graduate school tuition reimbursements on my Form W-2. Where do I claim education expenses on my Form 1040?

0
Posted

My employer is including my graduate school tuition reimbursements on my Form W-2. Where do I claim education expenses on my Form 1040?

0

The law changed in 2002 to allow up to $5,250 in graduate school tuition reimbursements to be excluded from gross income. If your employer has included graduate school tuition reimbursements amounting to $5,250 or less with your wages, tips, and other compensation shown in box 1 of your W-2, ask your employer for a corrected W-2. If you have received graduate school tuition reimbursements that are includable in gross income, you may deduct expenses attributable to those amount on Form 1040, Schedule A (PDF), Itemized Deductions.

0

They are miscellaneous itemized deductions on Form 1040, Schedule A, Itemized Deductions.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.